The spectrum of in a unital complex algebra is
For a nonunital algebra it is defined in the unitization of an algebra.
The resolvent is on the complement of the spectrum of an element. In a Banach algebra it is analytic there.
If a closed unital subalgebra contains , then is obtained from by adjoining some bounded connected components of its complement. Membership of in is constant on every connected component of the resolvent set, and it always holds on the unbounded component.
For in a unital Banach algebra and holomorphic near , the holomorphic functional calculus defines
where winds once around the spectrum. It is a continuous unital algebra homomorphism and satisfies the spectral mapping theorem .
The full spectrum of an element is its spectrum together with every bounded component of its complement. Its complement is the unbounded resolvent component, and the maximum modulus principle controls a holomorphic function on each filled hole by its values on the spectral boundary.

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